One of the Wildensteins’ properties now asking just under $40 million

Billionaire art dealer and racehorse breeder Guy Wildenstein, who is embroiled in tax evasion lawsuits in France, is still hard at work trying to offload some of his New York properties.

His riverfront Manhattan mansion located on Sutton Square came back on the market Wednesday for $39.8 million, representing almost $10 million discount from its previous asking price $48.5 million, according toThe Real Deal.

The 33-foot-wide five-story townhouse encompasses a total of 9,600 square feet, featuring five bedrooms and 10-and-a-half bathrooms, with views of the East River and access to a private garden.

The Georgian-style residence went through a full renovation in 2008, according to the property’s listing with Corcoran Group. Classic designs, including a double-height entry foyer, filigreed spiraling staircase, parquet de Versailles wood floors and oak paneling, were restored.